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COLOMBIA: Colcap Trades 0.18% Lower Amid Thin Trading Volume

Colcap, the main index of the Colombian Stock Exchange, fell 0.18% near the end of Monday’s session to 1,517.49 points amid a thin trading volume derived from a holiday in the United States. David Santos, an analyst at Compass Group, pointed to the absence of foreign capital inflows.

The locally traded U.S. dollar closed the day at 2,848.90 Colombian pesos, marking a 0.27% rise. Wilson Tovar, an analyst at Acciones & Valores, noted that the greenback started the week with a slight devaluation as market volatility decreases as a result of the holidays in the United States and China.